Ethereum’s Long Squeeze Risk Intensifies as ETH Price Drops to $2,100
Ethereum’s price is down by 7% to $2 100 leading to $144 million being liquidated from long positions. The main reason for the cryptocurrencys loss of price is the US Federal Open Market Committee’s (FOMC) decision to leave interest rates steady despite a higher inflation outlook. This has endangered the important $2,000 support level, and
TRX Shows Strong Recovery After Tron Inc. Increases Digital Asset Treasury
Tron Inc. (NASDAQ: TRON) announced on Thursday, March 19, that it purchased 165,100 TRX tokens at an average price of $0.3028, increasing its total holdings to more than 687.3 million TRX. The latest acquisition reflects the company’s ongoing treasury strategy focused on accumulating the native asset of the TRON blockchain to strengthen its digital asset
Pi Network Upgrades Mainnet to Protocol 20 as Smart Contract Rollout Nears
Pi Network has announced that it has upgraded its Mainnet to Protocol 20. This is a major step towards enabling smart contracts in the near future. Node operators are required to update their nodes, and soon they will be releasing Protocol 21, taking them a step closer to enabling smart contracts. This upgrade also paves
River (RIVER) Soars 50% Weekly: Further Gains Ahead or Brutal Collapse?
The lesser-known altcoin RIVER has defied the ongoing bear market, with its price spiking by double digits over the past seven days. Some analysts expect the rally to continue, while others view the project as a red flag and warn investors to stay away. How Much More? RIVER is among the best-performing top 100 cryptocurrencies […]
Ethereum Enters High-Leverage Regime As Binance Exposure Crosses 75%
Ethereum is trading above the $2,150 level after pulling back from recent highs near $2,380 reached earlier this week, reflecting a cooling phase following a short-term surge in bullish momentum. The retrace suggests that while buyers were able to push prices higher, follow-through demand remains limited as the market digests recent gains. Beneath the surface, […]
Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business
Casimo will be responsible for growing the Dutch market maker’s institutional crypto offering.
ADA Near Breakout Zone as LayerZero Expands Cross-Chain Access
Cardano traded at $0.2894 and stayed nearly unchanged during the session while price action tightened near a critical resistance band. Besides holding above recent support, ADA continued to test the 0.5 Fibonacci retracement level at $0.2948. This level now defines the immediate ceiling after a steady recovery from February lows near $0.2206. The 0.382 Fibonacci […]
Bitcoin bull market vibes emerge, but confirmation is missing: Glassnode
Bitcoin markets have started to turn bullish again, but data shows that a key “bull market threshold” has not been established yet.
RIP metaverse: Land values capitulate as $24M metaverse plot collapses to just $9,000
Metaverse land never recovered. The numbers now show how far it fell The biggest metaverse land deals of the 2021 and 2022 boom now map to four- and five-digit values when priced against current collection floors, rather than the six- and seven-figure valuations buyers once paid. The decline runs through the entire metaverse land trade. […]
Morgan Stanley Bitcoin Trust to Trade as MSBT on NYSE Arca
Bitcoin Magazine Morgan Stanley Bitcoin Trust to Trade as MSBT on NYSE Arca Morgan Stanley has confirmed that its proposed spot bitcoin exchange-traded fund will trade under the ticker MSBT on NYSE Arca, according to an updated filing with the U.S. Securities and Exchange Commission. The filing outlines the structure of the Morgan Stanley Bitcoin […]
Bitcoin’s Quantum Risk May Be Real, But the Network Is Preparing: Report
Bitcoin Magazine Bitcoin’s Quantum Risk May Be Real, But the Network Is Preparing: Report Galaxy Digital’s latest report says the risk that quantum computing could compromise Bitcoin is real, but so is the work underway to protect the network. The firm’s research frames the issue as a long-term engineering and governance challenge rather than an […]
Zcash Price Prediction: Drops 15% in 48 Hours After Classic Reversal Signal — Can Bulls Defend $230 Before It Gets Ugly?
Zcash just dropped over 15% in 48 hours signaling bearish price prediction. The signal that triggered it was textbook. An evening star candlestick formed right at the intersection of the 200-day EMA and the falling wedge resistance trendline. The market read it immediately and sold. The macro backdrop did not help. Fed held rates at […]